Ahmad Bought Call Options on Home Depot with a Strike

question 41

Multiple Choice

Ahmad bought call options on Home Depot with a strike price of $130. The option premium was $6.68. Just before the contract expired, Home Depot stock was $135 per share. Ahmad

• A) made a profit of $1.68 per share.
• B) lost $6.68 per share because the option would not be exercised.
• C) made a profit of $6.68 per share.
• D) lost $1.68 per share.

Understand the concept of influence within an organization's hierarchy.

Learn the impact of feedback on employee relationships and performance.

Distinguish between coercive power and other forms of power.

Grasp the significance of referent power and its characteristics.

---

Definitions:

Heart Disease

A range of conditions that affect the heart, including blood vessel diseases, coronary artery disease, heart rhythm problems, and more.

Duchenne Smile

A genuine smile characterized by the movement of muscles around the mouth and eyes.

Feel Jubilant

Experiencing or expressing great happiness and triumph.

Won An Award

The achievement of receiving recognition or a prize in acknowledgment of one's merit or excellence in a certain field or activity.